Aebi Schmidt Holding AG (NASDAQ:AEBI) ("Aebi Schmidt Group" or the "Company"), a world-class specialty vehicles leader, has been awarded a contract worth approximately €10m to supply hydraulic and interchangeable frame systems for 123 motorway maintenance vehicles for Die Autobahn GmbH des Bundes. Aebi Schmidt acts as key subcontractor to main contractor Iveco. All vehicles will be delivered by the end of 2027.

Germany's motorway network spans more than 13,000 kilometers and requires year-round maintenance by a fleet of highly specialized vehicles. Die Autobahn GmbH des Bundes, the federal operator responsible for this infrastructure, tendered 158 vehicles across four lots. Aebi Schmidt, in partnership with main contractor Iveco, was awarded 123 vehicles in total. The value of this award is approximately €10m.